Numis Securities Ltd Reiterates “Add” Rating for St. James's Place plc (STJ)
St. James's Place plc (LON:STJ)‘s stock had its “add” rating reaffirmed by Numis Securities Ltd in a note issued to investors on Wednesday. They currently have a GBX 1,050 ($13.71) price target on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 9.03% from the company’s current price.
A number of other equities research analysts have also recently commented on STJ. Goldman Sachs Group Inc. reiterated a “buy” rating and issued a GBX 1,090 ($14.23) price target on shares of St. James's Place plc in a research note on Wednesday, June 15th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,019 ($13.30) price objective on shares of St. James's Place plc in a research note on Friday, June 17th. Shore Capital restated a “buy” rating on shares of St. James's Place plc in a research note on Friday, June 24th. Deutsche Bank AG reduced their price objective on St. James's Place plc from GBX 1,025 ($13.38) to GBX 825 ($10.77) and set a “hold” rating for the company in a research note on Wednesday, June 29th. Finally, Barclays PLC restated an “overweight” rating and issued a GBX 935.50 ($12.21) price objective (down from GBX 1,034 ($13.50)) on shares of St. James's Place plc in a research note on Wednesday, June 29th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 1,019 ($13.30).
Shares of St. James's Place plc (LON:STJ) traded down 0.62% on Wednesday, hitting GBX 963.00. The company had a trading volume of 1,616,461 shares. The stock’s 50-day moving average is GBX 962.77 and its 200 day moving average is GBX 904.92. St. James's Place plc has a 52 week low of GBX 521.00 and a 52 week high of GBX 1,031.00. The company’s market capitalization is GBX 5.02 billion.
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The firm also recently disclosed a dividend, which was paid on Friday, September 30th. Shareholders of record on Thursday, September 1st were issued a GBX 12.33 ($0.16) dividend. This represents a yield of 1.34%. The ex-dividend date was Thursday, September 1st.
About St. James's Place plc
St. James’s Place plc is a United Kingdom-based company, which provides wealth management advice, investment management and related services to businesses and individuals across the United Kingdom. The Company’s segments include Life business, Unit Trust business, Distribution business and Other. The Company’s Life business segment offers pensions, protection and investment products through its life assurance subsidiaries.
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